NOT LISTED FOR SALE

629 Tremont St Michigan City, IN 46360

Estimated Value: $177,000 - $200,000

3 Beds
2 Baths
1,648 Sq Ft
$113/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $182,500 $111 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,129/month

37 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Carpet
  • Landscaped

About This Home

As of June 2024

EXCELLENT LOCATION, and FANTASTIC OPPORTUNITY to own this fantastic multi-unit home. The charming, covered porch welcomes you to sit, relax, and enjoy your favorite beverage. Main level offers 2 bedrooms, Great kitchen, HUGE Dining room, and a large walk-in closet. The upper level has been completely remodeled and is waiting for its new tenant to love it. The generous sized bedroom, and lovely new kitchen will definitely be a renter's dream. Tenants will also enjoy the NEW carpet, NEW flooring, NEW stove, and the NEW refrigerator this unit offers. There are 2 new hot water heaters, and a newer roof. This home is definitely a money maker. Would make a PHENOMINAL Airbnb. just minutes from Lake Michigan Beach, Blue Chip Casino, Zoo, Prime Outlet Mall, The Uptown Arts District, and everything that Michigan City has to offer. This home is also only minutes from all major highways, including I-94, and the Toll Road.

Last Agent to Sell the Property

Carla Ebert-Kienitz

Century 21 Circle License #RB14050668 Listed on: 03/26/2024

Century 21 Circle

Last Buyer's Agent

Marissa Stapleton

Coldwell Banker Realty License #RB18002146

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1900

Lot Details

  • 5,497 Sq Ft Lot
  • Lot Dimensions are 55 x 100
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Block Foundation

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement
  • Laundry in Basement

Kitchen

  • Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Rent includes water
  • Assessor Parcel Number 42-01-28-382-008 CAMPBELLS LT 6 BLK 3.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Paved, Front Yard, Landscaped, City Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA726
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 1648
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Refrigerator, Refrigerator, Oven, Gas Range
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Eat-in Kitchen
  • Basement: Block, Concrete
  • Flooring: Carpet, Wood, Luxury Vinyl
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Acres: 0.1262
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch, Rear Porch, Front Porch

Garage/Parking

  • Parking Features: Alley Access, On Street, Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • HOA Rent Includes: Water

Lot Info

  • Lot Dimensions: 55 x 100
  • Lot Size Sq Ft: 5497.27
  • Parcel #: 42-01-28-382-008 CAMPBELLS LT 6 BLK 3.

Rental Info

  • Owner Pays: Other, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1860

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 4, 2024
Sold by
John R Safirt And Joy S Safirt Revocable and Trifas Properties Llc
Bought by
Terzo Michael R
Seller's Agent
Carla Ebert-Kienitz
Century 21 Circle
Buyer's Agent
Marissa Stapleton
Coldwell Banker Realty
List Price
$184,900
Sold Price
$182,500
Premium/Discount to List
-$2,400
-1.3%
Views
69
Current Estimated Value
$185,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,259
Avg. Annual Appreciation
1.27%
Original Mortgage
$136,875
Outstanding Balance
$135,178
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$50,581

Purchase Details

Closed on
Feb 27, 2006
Sold by
Miller Suzanne L
Bought by
Safirt John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,450
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Terzo Michael R -- Acuity Title
Safirt John R -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terzo Michael R $136,875
Previous Owner Safirt John R $63,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $182,500 -1.3% $111 / Sq Ft
03/26/2024 03/26/24 For Sale $184,900 -- $112 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,860 $99,300 $13,500 $85,800
2022 $1,608 $80,400 $11,300 $69,100
2021 $956 $47,800 $7,600 $40,200
2020 $1,000 $47,800 $7,600 $40,200
2019 $1,120 $51,200 $8,400 $42,800
2018 $1,094 $49,900 $6,100 $43,800
2017 $856 $38,000 $5,100 $32,900
2016 $1,440 $67,200 $8,800 $58,400
2014 $1,362 $68,100 $8,800 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 801289

Northwest Indiana Association of REALTORS®

APN: 46-01-28-382-008.000-022